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Operations Research, Systems Engineering and Industrial Engineering Commons

Open Access. Powered by Scholars. Published by Universities.®

1998

Electrical and Computer Engineering

Electrical engineering (Electric power)

Articles 1 - 1 of 1

Full-Text Articles in Operations Research, Systems Engineering and Industrial Engineering

Service Identification And Allocation In Market-Based Power System Operation , Jian Fu Jan 1998

Service Identification And Allocation In Market-Based Power System Operation , Jian Fu

Retrospective Theses and Dissertations

In the market-based power system operation environment, ancillary services and other interconnected services are necessary to to maintain the secure and reliable operation of the transmission system. Service identification and allocation, together with congestion management, become important functions in the day- ahead scheduling of the independent system operator (ISO);In this dissertation, a general framework for service identification and congestion management was proposed. Based on a set of market model assumptions and the anticipated behaviors of the market participants, the individual profits of the market participants were analyzed. An overall profit maximization was proposed as the desired objective function. Because ...